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The fundamental properties, stability and predictive power of distributional preferences
Fehr, Ernst; Epper, Thomas; Senn, Julien - 2023
Parsimony is a desirable feature of economic models but almost all human behaviors are characterized by vast individual variation that appears to defy parsimony. How much parsimony do we need to give up to capture the fundamental aspects of a population's distributional preferences and to...
Persistent link: https://www.econbiz.de/10014419243
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The quantity and quality of children : a semi-parametric Bayesian IV approach
Frühwirth-Schnatter, Sylvia; Halla, Martin; Posekany, … - 2014
Prior empirical research on the theoretically proposed interaction between the quantity and the quality of children builds on exogenous variation in family size due to twin births and focuses on human capital outcomes. The typical finding can be described as a statistically nonsignificant...
Persistent link: https://www.econbiz.de/10010257598
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Bayesian inference for duration data with unobserved and unknown heterogeneity : Monte Carlo evidence and an application
Paserman, Marco Daniele (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001896054
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The relationship between economic growth and democracy : alternative representations of technological change
Heshmati, Almas; Kim, Nam-Seok - 2017
This study investigates the relationship between economic growth and democracy by estimating a nation's production function specified as static and dynamic models using panel data. In estimating the production function, it applies a single time trend, multiple time trends and the general index...
Persistent link: https://www.econbiz.de/10011704213
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A structural labour supply model with nonparametric preferences
Soest, Arthur van; Das, Marcel; Gong, Xiaodong - 2000
supply model, and measurement errors in wage rates are allowed for. The model is estimated with Dutch data on labour supply … other hand they lead to some concern about the potential bias to measurement error in the hours variable. …
Persistent link: https://www.econbiz.de/10011339087
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Nonparametric analysis of household labor supply : goodness-of-fit and power of the unitary and the collective model
Cherchye, Laurens (contributor);  … - 2006
We compare the empirical performance of unitary and collective labor supply models, using representative data from the Dutch DNB Household Survey. We conduct a nonparametric analysis that avoids the distortive impact of an erroneously specified functional form for the preferences and/or the...
Persistent link: https://www.econbiz.de/10003289891
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A general model of technical change with an application to the OECD countries
Heshmati, Almas; Kumbhakar, Subal - 2011
productivity growth ; technology indicator ; technology shifter ; OECD countries …
Persistent link: https://www.econbiz.de/10009425734
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Skill complementarity in production technology : ew empirical evidence and implications
Stoyanov, Andrey; Zubanov, Nick - 2019
dispersion, and 2) the correlation between within-firm skill dispersion and productivity is positive in industries with higher …
Persistent link: https://www.econbiz.de/10012024633
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Nonlinear propagation of sectoral productivity shocks with variable elasticities of substitution
Paul, Saumik; Raju, Dhushyanth - 2023
This paper examines the nonlinear propagation of sectoral productivity shocks in a general equilibrium framework with … in the aggregate propagation of sectoral productivity shocks with variable elasticities than with constant elasticities …. The results of sectoral productivity shocks on cross-country income convergence between 2005 and 2011 are robust across …
Persistent link: https://www.econbiz.de/10014429881
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Technical progress and induced innovation in China : a variable profit function approach
Wong, K. K. Gary; Fleisher, Belton M.; Min Qiang Zhao; … - 2020
productivity (TFP) growth in China. Our primary goal is to test Hicks' induced innovation hypothesis by examining whether technical …
Persistent link: https://www.econbiz.de/10012179650